DESK REVIEWS | 09.01.05. Credited social contributions

DESK REVIEW | 09.01.05. Credited social contributions

No protection mechanisms regarding this matter exist.

There is no social insurance in Hong Kong. Hong Kong people rely on public services and voluntary purchase of health insurance products offered by private companies for medical expenses. In recent years, the Government is providing incentives to encourage voluntary purchase of health insurance product. For more details refer to Part 2: Health System Financing. Nevertheless, there are no benefits/discounts specifically offered to people with dementia.

The important contributory schemes include the Employees’ State Insurance Scheme and the schemes run by the Employee Provident Fund Organization (EPFO) (e.g., Employee Provident Fund Scheme (EPFO), Employee Pension Scheme (EPS)). (Details on each scheme is available at: https://labour.gov.in/general-overview).

Following the National Social Security Fund (NSSF) ACT No. 45 of 2013, employers are advised to make arrangements to submit their contributions in accordance with the new NSSF Act where pension contribution would be 12% of the pensionable wages made up of two equal portions of 6% from the employee and 6% from the employer subject to an upper limit of KES 2,160 for employees earning above KES 18,000. The Upper Earning Limit (UEL) is KES. 18,000 while the Lower Earnings Limit (LEL) is KES 6,000 (National Social Security Fund (NSSF), 2019). This applies to all employees and is not specific to persons with dementia.

References:

National Social Security Fund (NSSF). (2019). New NSSF Member Contributions. https://www.nssfug.org/about-us/membership/

Mexican social security legislation (covering social security institutions IMSS, ISSSTE, and other federal and state level institutions) includes disability, work related accidents pensions, but does not contemplate any credited contributions in case of unemployment, illness, etc.

There is no mechanism in place specifically for persons living with dementia.